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Short Term Debts Definition
Short Term Debts are any borrowings or loans due within the next twelve months.
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Accrued Interest Definition
Accrued Interest is any interest amount that has been incurred although not yet paid.
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Income Tax Payable Definition
Income Tax Payable is the amount of tax payable within the next tweleve months.
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Wages Payable Definition
Wages Payable is the amount owed to employees but not yet paid.
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Non Current Liabilities Definition
Non Current Liabilities are financial obligations or debts that are due to be paid beyond a period of twelve months.
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Liability Definition
A Liability is a financial obligation owed to another person or entity.
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The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle.
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Asset Definition
An Asset is a resource of value owned by an individual or entity.